WASHINGTON: President-elect Joe Biden will unveil a plan Thursday to inject US$1.9 trillion into the US economy as evidence mounts that the recovery from the sharp downturn caused by Covid-19 is flagging.
With his fellow Democrats narrowly controlling both houses of Congress, Biden has a shot at passing what would be the third massive pandemic aid package.
Dubbed the American Rescue Plan, the proposal includes a host of measures aimed at revitalizing the world’s largest economy, senior officials in his incoming administration said on Thursday.
Biden proposes raising the minimum wage to $15 an hour, aiding struggling state and local governments, safely…
